Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) Stock Position Trimmed by IHT Wealth Management LLC

IHT Wealth Management LLC trimmed its position in shares of Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) by 78.6% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,800 shares of the company’s stock after selling 13,944 shares during the period. IHT Wealth Management LLC’s holdings in Invesco Dorsey Wright Technology Momentum ETF were worth $241,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Cetera Advisors LLC boosted its position in Invesco Dorsey Wright Technology Momentum ETF by 25.2% during the 1st quarter. Cetera Advisors LLC now owns 8,688 shares of the company’s stock worth $498,000 after acquiring an additional 1,750 shares during the period. Outlook Wealth Advisors LLC bought a new stake in shares of Invesco Dorsey Wright Technology Momentum ETF during the second quarter valued at about $1,294,000. Genesee Capital Advisors LLC lifted its holdings in Invesco Dorsey Wright Technology Momentum ETF by 9.7% in the second quarter. Genesee Capital Advisors LLC now owns 40,024 shares of the company’s stock worth $2,479,000 after purchasing an additional 3,537 shares during the period. Raymond James & Associates grew its position in Invesco Dorsey Wright Technology Momentum ETF by 1.3% in the 2nd quarter. Raymond James & Associates now owns 83,655 shares of the company’s stock valued at $5,182,000 after buying an additional 1,101 shares in the last quarter. Finally, Private Advisory Group LLC acquired a new position in Invesco Dorsey Wright Technology Momentum ETF during the 2nd quarter valued at about $348,000.

Invesco Dorsey Wright Technology Momentum ETF Trading Down 2.5 %

Shares of NASDAQ:PTF opened at $74.95 on Wednesday. The company has a 50 day moving average of $70.02 and a 200-day moving average of $64.01. The firm has a market cap of $539.64 million, a P/E ratio of 12.47 and a beta of 1.23. Invesco Dorsey Wright Technology Momentum ETF has a twelve month low of $47.06 and a twelve month high of $80.92.

Invesco Dorsey Wright Technology Momentum ETF Profile

PowerShares Dynamic Technology Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Technology Sector Intellidex Index (the Index). The Index consists of stocks of the United States technology companies. These are companies that are principally engaged in the business of providing technology-related products and services, including computer hardware and software, Internet, electronics and semiconductors, and communication technologies.